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BCHBTC

Bitcoin Cash Is Forming Bullish BAT For Upto 24% Profit SoonFormation of harmonic bullish BAT pattern: The Bitcoin Cash with Bitcoin pair is forming a harmonic bullish BAT pattern and soon it will be entered in potential reversal zone to give chance to earn more gains. Let’s dig the pattern deeper to see how perfect it has been formed. After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.328 to 0.886 Fib of A to B Fibonacci projection area now the last leg (C to D) should be retraced between 0.786 to 0.886 Fibonacci level. Buying And Sell Targets: The buying and sell targets according to harmonic BAT pattern and its Fibonacci sequence should be: Buy between: 0.0296 to 0.0286 Sell between: 0.0320 to 0.0356 So this short term 12 hour chart based idea has capacity to produce upto 24% profit. Stop Loss: The potential reversal zone area that is up to 0.028646 sats can be used as stop loss in case of complete candle stick opens and closes below this level. Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
Long
by moon333
A Descending Triangle is Forming on BCH [QUICK UPDATES]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'. We see BCH here with a strong bearish trend currently. It is reaching a point of support, but it doesn't look like it is really going to hold. I expect the price to bounce a little bit, confirm the triangle, and break through the bottom support line. The intuition behind a descending triangle is that there is a support zone at the bottom, with multiple attempts to break the support. After every bounce, the bulls slightly decrease their power. At some point the bears break through the support zone , and will create a sharp drop in price. --- What is The Quick Update Series All About? --- I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! About the links below: 20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more. Also, check my recent popular ideas on BTC:
Short
by Trading-Guru
3
BCHBTC | Bitcoin Cash is bullish and ready for an uptrendAccording to brand new Ichimoku clouds strategy BCHUSDT is very bullish now. The strategy is publicly available and you can find it in our profile Scripts section and use for your studies. Technical analysis reveals a high probability of short term natural consolidation and momentum accumulation. Thus we seek a lower entry point which can be found at Senkou B span of clouds. As Bitcoin in growth phase we can expect replication of the trend especially when indicators confirm it like in current market conditions Targets are in the automatic smart trade signal's settings
Long
by Skyrexio
2
BCH ANALYSIS: LONG THE NEW SUPPORTBCH ANALYSIS: BCH held the 200MA and flipped bullish as it broke above the previous resistance block. That same block is now outlined in green and is now flipped to the temporary support. Currently sitting on a 4HR green wick, it looks likely this spot will zone. The re-attempt at the hourly block is likely in which I expect another rejection to occur. Look for entry inside the zone just below 3500 sats down to 3450 sats. The take profit targets are T1 at 3545 sats, T2 at 3620 sats, and T3 at 3688 sats. Recommended to close full position before hourly resistance hit. If BCH does break ABOVE this zone, we can enter for a new long up. Possible Entries: 3450-3500 sats
Long
by altchicasignals
1
Bitcoin Cash | Bullish View Mapped (87%, 150%, 250%+ Targets)Good Sunday my dear cryptocurrency trader, here we have for you the Bitcoin Cash (BCHBTC) daily chart. Today I would like to share with you the bullish targets for Bitcoin Cash, meaning, the levels at which BCHBTC will find resistance on the way up. On the 12-March BCHBTC had a very strong drop, but the candle that followed on the 13 produced even bigger jump with really high volume, signaling that this retrace reached it climax and Bitcoin Cash can change its trend. Conditions for change 0.786 Fib. remains as the main support (0.030368). We remain bullish on BCHBTC as long as prices remain trading above this level. If prices move below 0.030368 we turn bearish, the above signals become invalid and a new analysis is needed. Thanks a lot for reading. Namaste.
Long
by AlanSantana
8
Bitcoin Trash analysis BCH bounced from 34200 which was also 0.382 Fibonacci level. Good bounce zone to stop retracement and start consolidation stage. At the same time this bounce couldn't take it above 0.5 Fib level, so BCH is still in risk zone of dumping lower. You may use below zones for swing trading between them. If today candle close above 36000, it will be a bullish sign. Support zones: 34200 - 33100 - 30350 - 28500 Resistance zones: 38200 - 39000 - 40000 P.S. Prices at Bitmex are the same.
by WiseAnalyze